Monday, July 6, 2020

Members in the News: Glauber, Janzen, Hendricks, Liang, Kumar, Lusk, Davis, Richards, Anderson, Batabyal, Swinnen, Sumner, Miao... et al.

Joseph Glauber, IFPRI
Trump Farm Bailouts Raise Risks of Reprisals From Trade Partners
By: Bloomberg - June 18, 2020
As a result, the WTO might count a total lower than the Environmental Working Group’s calculation -- probably between $30 billion and $34 billion for 2019, which still far exceeds the treaty limit, former U.S. Agriculture Department chief economist, Joe Glauber said.
Read more on: Bloomberg

Joseph Glauber, IFPRI
Joseph Janzen, University of Kansas
Nathan Hendricks, University of Kansas
Farm Income, Stressed This Year, May Drop Sharply in 2021
By: Successful Farming - June 16, 2020
U.S. farm income, under pressure this year from the trade war and coronavirus pandemic, could fall off a cliff next year when record-setting federal payments are due to end. The plunge in income could be avoided by cost-cutting on the farm, a recovery in commodity demand, or a new multibillion-dollar round of federal aid, but those are far from assured, say analysts in early assessments.
Read more on: Successful Farming

Kathleen Liang, North Carolina A&T State University
National Institute of Food and Ag Invests $90 Million in Nine Projects
By: Successful Farming - June 22, 2020
The awards support nine projects at eight institutions addressing issues that include animal, human, plant, and environmental health. This research investment is the second installment of a new program within NIFA’s Agriculture and Food Research Initiative’s (AFRI) Sustainable Agricultural Systems program. AFRI is the nation’s leading and largest competitive grants program for agricultural sciences.
Read more on: Successful Farming

Anjani Kumar, IFPRI
More symbolic than punitive — start designing policies which support Atmanirbhar Bharat
By: Financial Express - June 26, 2020
In the wake of the recent Indo-China conflict in the Galwan Valley, a section of Indians are clamouring for a boycott of Chinese products and promotion of domestic manufacturing. This emotional outrage is justified. With Indo-China relations becoming acrimonious due to the worst conflict at the border in the last 60 years, Indian consumers are hoping to hit China economically. Indo-China economic and trade relations are unlikely to become normal in the coming months, especially if border tensions get aggravated. Prime minister Narendra Modi’s “Atmanirbhar Bharat” vision and the “vocal for local” call looks set to promote Indian manufacturers, and this can also affect India-China economic relations.
Read more on: Financial Express

Jayson Lusk, Purdue University
Alison Davis, University of Kentucky
Timothy Richards, Arizona State University
John Anderson, University of Arkansas
Avocados to walnuts: industry's response to pandemic
By: Produce Market Guide - June 25, 2020
A panel of agricultural economists will present highlights of CAST’s “Economic Impacts of COVID-19 on Food and Agricultural Markets.” The paper examines economic factors of the pandemic on the agricultural sector, according to a news release. Topics include supply chain, consumer behavior, foodservice and grocery sectors, ag labor and food waste.

The agriculture economists participating in the seminar are:
  • Jayson Lusk, Purdue University;
  • Alison Davis, University of Kentucky;
  • Timothy Richards, Arizona State University; and
  • John Anderson, University of Arkansas.
Read more on: Produce Market Guide

Amitrajeet Batabyal, Rochester Institute of Technology
A selective retreat from trade with China makes sense for the United States
By: The Conversation - June 25, 2020
Trade tensions and mistrust are escalating between the U.S. and China. Soon after U.S. Secretary of State Mike Pompeo announced that China recommitted to its January trade deal obligations after a face-to-face meeting with Beijing’s top diplomat on June 17, he upbraided the country for using disinformation to drive a wedge between Europe and the U.S. President Trump, meanwhile, is attempting to use his tough stance with Beijing as a foreign policy selling point.
Read more on: The Conversation

Johan Swinnen, IFPRI
"I see parallels with the collapse of the Eastern Bloc"
By: Frankfurter Allgemeine - June 19, 2020
The consequences of the corona crisis are particularly evident in developing countries. Are they facing great famines? The head of the International Research Institute for Food Policy explains how big the danger is - and what helps.
Read more on: Frankfurter Allgemeine

Daniel Sumner, University of California, Davis

Ruiqing Miao, Auburn University
Tradeoff between Short-Term and Long-Term Risk Management Tools
By: - June 25, 2020
A few studies show that the United States in the first two decades of the 21st century was much drier than normal (e.g., Hoerling et al. 2014; Williams et al. 2015), and part of the country perhaps is entering a ‘megadrought’ period that has not been seen since late 1500s (Williams et al. 2020). US farmers have various tools to manage production risks caused by droughts, such as crop insurance and drought-tolerant crop varieties. However, a recent study published in European Review of Agricultural Economics provides evidence that farmers’ long-run capacity to battle with droughts via drought-tolerant crop varieties may be hindered by the prevalence of crop insurance.
Read more on:

Johnathan Coppess, University of Illinois at Urbana-Champaign
Gary Schnitkey, University of Illinois at Urbana-Champaign

Carl Zulauf, The Ohio State University
Production Controls & Set Aside Acres, Part 1: Reviewing History
By: - June 29, 2020
Low prices, trade conflict and a global pandemic are producing a potential perfect storm of problems for the farm economy that a flood of federal payments is unlikely to address (farmdoc daily, June 10, 2020).  Whispered comments and quietly tentative questions about production controls and set aside acres are getting louder, more insistent.  Whatever follows in the wake of this troubled year will likely require a substantial rethinking of federal farm policy.  With that in mind, this article initiates a series discussing policies that seek to control production, including setting acres aside (i.e., not planting those acres to cash crops), with a review of the history for these policies.
Read more on:

Stephen Koontz, Colorado State University
Meat shortages reopen costly path to smaller US plants
By: Global Rubber Markets, The Gulf Time Emirates Business, & - June 27, 2020
Large plants can typically operate for $100 less per head than smaller operators, and those costs are taken out of farmer profits, said Stephen Koontz, a professor at Colorado State University College of Agricultural Sciences who’s studied the economics of packing plants. If farmers are paid less, they typically shrink the size of their herds which results in higher meat prices for consumers, he said.

Alan Ker, University of Guelph
Dissatisfaction with AgriStability is no surprise, Guelph prof says
By: National Newswatch - June 26, 2020
Farmer dissatisfaction with AgriStability during recent years should be no surprise, says Alan Ker, the Ontario Agricultural College Research Chair in Agricultural Risk and Policy.
Read more on: National Newswatch

Keith Coble, Mississippi State University
David Zilberman, University of California, Berkeley
Jeffrey Dorfman, University of Georgia
Jayson Lusk, Purdue University
John Anderson, University of Arkansas
Alison Davis, University of Kentucky
Brenna Ellison, University of Illinois at Urbana-Champaign
Allen Featherstone, Kansas State University
Jason Grant, Virginia Tech
Craig Gundersen, University of Illinois at Urbana-Champaign
Todd Hubbs, University of Illinois at Urbana-Champaign
Scott Irwin, University of Illinois at Urbana-Champaign
Sarah Low, University of Missouri
Josh Maples, Mississippi State University
Jill McCluskey, Washington State University
Brandon McFadden, University of Delaware
Rodolfo Nayga, University of Arkansas
Timothy Richards, Arizona State University
Bradley Rickard, Cornell University
Lee Schulz, Iowa State University
Ian Sheldon, The Ohio State University
Glynn Tonsor, Kansas State University
Norbert Wilson, Tufts University
CAST Releases New Commentary on "Economic Impacts of COVID-19 on Food and Agricultural Markets"
By: Decatur Daily Democrat, WRCB, Big Spring Herald, Mammoth Times, NewsOK, The Inyo Register, The Punxsutawney Spirit, The Antlers American, The Kane Republican, The Pilot News, The Saline Courier, WBOC, Wapakoneta Daily News, The Post & Mail, The Community Post, The Ridgway Record, The Evening Leader,, Daily Herald, Winslow, Evans & Crocker, Inc., Starkville Daily News, The Observer News Enterprise, Sweetwater Reporter, Chronicle Journal, Pittsburgh Post-Gazette, myMotherLode, Markets Insider, BizWire Express, Spoke, & National Hog Farmer - June 29, 2020
The Council for Agricultural Science and Technology (CAST) and the Agricultural & Applied Economics Association (AAEA) have partnered together on a new paper, "Economic Impacts of COVID-19 on Food and Agricultural Markets." This publication contains insights from 29 experts and is now available for download.

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